Indian Economy
Core Sector Output Falls by 5.2%
- 01 Nov 2019
- 1 min read
Why in News?
- The output of eight Core Infrastructure Industries has contracted by 5.2% in September (2019), indicating the severity of the economic slowdown.
- Except for fertilizers (output improved by 5.4% in September), the other seven infrastructure industries experienced a contraction.
- The coal sector is the worst performer on account of an extended monsoon, a surge in renewable energy supply and labour issues at state-run Coal India Ltd.
- The eight Core Industries in decreasing order of their weightage: Refinery Products> Electricity> Steel> Coal> Crude Oil> Natural Gas> Cement> Fertilizers.
Industry | Weight (In percentage) |
Petroleum & Refinery production | 28.04 |
Electricity generation | 19.85 |
Steel production | 17.92 |
Coal production | 10.33 |
Crude Oil production | 8.98 |
Natural Gas production | 6.88 |
Cement production | 5.37 |
Fertilizers production | 2.63 |